7 EMS - Business Income & Expenses

Quiz
•
Business
•
7th - 8th Grade
•
Hard
Kelly Malan
Used 50+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Businesses make money by selling goods, services and investing money.
True
False
2.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
The correct term for the income earned from selling goods is...
3.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
The correct term for the income made by supplying a service is...
4.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
The correct term for the expense transaction: cost of goods sold is...
5.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
The correct term for the expense of employing people is...
6.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
The correct term for the expense of borrowing money is...
7.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
Income - Expenses =
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